Renegade Gold (CVE:TGM) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Renegade Gold Inc. (CVE:TGMGet Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.07 and traded as low as C$0.07. Renegade Gold shares last traded at C$0.07, with a volume of 471,213 shares trading hands.

Renegade Gold Trading Down 12.5 %

The company’s 50 day simple moving average is C$0.07 and its 200 day simple moving average is C$0.07. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.17 and a quick ratio of 1.70. The firm has a market cap of C$1.05 million, a price-to-earnings ratio of -0.07 and a beta of 0.85.

Renegade Gold Company Profile

(Get Free Report)

Trillium Gold Mines Inc engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. The company explores for gold, copper, zinc, and silver deposits. Its flagship property is the Newman Todd gold project located in the Red Lake mining district.

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